LAS VEGAS, Nov. 8, 2017 /PRNewswire/ -- Apptio, Inc.
(NASDAQ: APTI), the business management system of record for hybrid
IT, today introduced its new cloud spend optimization application –
Apptio Cloud Cost Management (CCM). Within minutes of ingesting
public cloud billing data, IT leaders can now make informed
decisions about where and how to best deploy cloud resources across
their business. According to Apptio's aggregated data of customers
tracking cloud costs, just over 70 percent of cloud users leverage
AWS, 60 percent use Microsoft Azure and more than 30 percent have
adopted a multicloud strategy. Apptio CCM serves all of these
users, regardless of their cloud vendor mix.
Cloud costs are often buried in monthly billing detail across
multiple accounts and providers, business units and teams. As a
result, IT leaders do not have visibility into the total cost of
supporting technology services and therefore cannot make informed
decisions about the most effective use of the public cloud within
their organization. They are also not equipped with the levers
needed to reduce current costs and forecast for future costs.
Apptio CCM changes all of that by providing insight into AWS and
Azure spending tied to an industry-standard model.
"As organizations continue to embrace the cloud, IT leaders need
a solution that allows them to make data-driven decisions about
when, where and how much to invest," said Apptio CEO, Sunny Gupta. "With Apptio's new CCM app,
infrastructure and operations leaders can accelerate their cloud
adoption, while maintaining control and having the transparency to
make the most of every dollar spent on the cloud."
Unlike other cloud expense solutions, Apptio provides its users
with several distinct and unique features, including TBM Taxonomy
mapping. This provides a common language of cloud services across
multiple providers as well as a fully burdened view of cloud
spending based on industry approved standard classification of IT
services (i.e. labor, network, security). With Apptio CCM, IT
leaders can make informed, real-time hybrid IT decisions. When
paired with Apptio Cost Transparency, users can view public cloud
costs alongside private and on-premises infrastructure investments
to ease future cloud adoption and make informed hosting
decisions.
Apptio CCM offers integrated AWS features to create a seamless
experience for joint customers, including:
- Visibility into Public Cloud Costs and Consumption: Rich
analytics across cloud providers with cloud billing auto-mapped to
standard IT service categories like compute, storage and
database.
- Cloud Tagging: Enable quality governance with superior
tagging quality and completeness.
- Reserved Instance (RI) Recommendations: Transparency RI
inventory, spend and expiring RIs. Proactive purchase
recommendations based on actual aggregated usage and
consumption.
- Integration with AWS Trusted Advisor: Within Apptio,
users receive real-time guidance to help provision their resources
following AWS best practices.
Apptio CCM is available today directly from Apptio and is coming
soon to the AWS Marketplace. AWS streamlines customer adoption of
technology such as Apptio CCM via a consolidated purchase
environment and integration with their AWS accounts, which have
terms already established. AWS Marketplace SaaS Contracts
simplifies the process even further by enabling customers to prepay
for Apptio CCM based on expected usage tiers through contracts up
to one year in length. Apptio's cost is integrated into the
customer's AWS bill once they subscribe, resulting in a
consolidated, easy-to-process bill.
For more information about Apptio's cloud-based applications,
please visit: http://apptio.com/products.
About Apptio
Apptio (NASDAQ: APTI) is the business management system of
record for hybrid IT. We transform the way IT runs its business and
makes decisions. With our cloud-based applications, IT leaders
manage, plan and optimize their technology investments across
on-premises and cloud. With Apptio, IT leaders become strategic
partners to the business by demonstrating value of IT investments,
accelerate innovation and shift their technology investments from
running the business to digital innovation. Hundreds of customers
choose Apptio as their business system of record for hybrid IT. For
more information, please visit www.Apptio.com.
PR Contact
Ali
Kramer
Sr Communications Manager
pr@apptio.com
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SOURCE Apptio